NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act

NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act

Washington, D.C. – NOIA President Randall Luthi today issued the following statement on the House’s passage of H.R. 5577, the Innovation in Offshore Leasing Act:

“NOIA commends the House of Representatives for passing the Innovation in Offshore Leasing Act. Sponsored by Representatives Garret Graves (R-LA) and Alan Lowenthal (D-CA), H.R. 5577 is a bipartisan and common-sense way to incorporate modern technology and transparency into the offshore lease sale process.

“Last month, BOEM successfully live-streamed its Western Gulf of Mexico lease sale reading of bids and BLM issued its final rule to allow for internet-based onshore lease sales. We have repeatedly seen that incorporating internet-based technologies are cost-effective improvements that can increase transparency and efficiency in the offshore lease sale process. In an election in year when most of the focus is on what Congress can’t do, it is refreshing to recognize what Congress can do. It still is possible for Members of Congress to work together and pass meaningful legislation, and NOIA applauds Congressmen Graves and Lowenthal for working on a bipartisan basis to make these common-sense reforms. NOIA looks forward to working with the Senate in seeing this bill passed.”

###

ABOUT NOIA

NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. NOIA’s mission is to secure reliable access and a fair regulatory and economic environment for the companies that develop the nation’s valuable offshore energy resources in an environmentally responsible manner. The NOIA membership comprises about 300 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance and insurance, and renewable energy.